Member Info for Punter1234

Well as in production the helium has to go somewhere so maybe filling a tanker on site at this time and selling for spot prices which brings in cash.

I can't find what plan was when produced first helium. Can't see them hooked into an infrastructure pipeline while slowly ramping up though. anyone?

SP is hardly collapsing! not the RNS we all expected but plenty of good news to come! A lot depends if the market loses a bit of faith in Bo because of this. Shouldn't because we are still producing from 3 wells but perhaps a bit more meat on the bone required? Perhaps we will get an interview today?

@boldruncie correct it is common but varying degrees of severity. I think crudetrader is also correct in that told drilling operations likely completed by 19th and nothing since. So it must have happened before then and before perforation for sure. As in "During the re-entry process at the Inez well".

I doubt they got the core samples out either. Looks like they were trying to sort it and gave up until after production. Should we have been told? Well wouldn't have done much for SP and a moot point.

But we are where we are and a producer!

Anyone know if we are using tankers initially? Can't store on site so Helium is going somewhere. if so be filling now and sold at spot prices. Not sure if we linked into any pipeline?

Just for Ezhick who couldn't wait to mention us needing cash again when he is clueless as to that fact!

Also Re "damage" suggest it reads the RNS and as not invested shuts up

"There is no compromise between the Hydrogen potential or the Helium reserves in the well"

Not many start off producing from THREE wells to start off with! Inez still to come and extra resources. Plant will be busy with them.

Would think with Bo's contacts the potential offtakes be onsite very soon and hopefully bidding against each other for Montana's first Helium

Just going to grow and grow from here. Still got Ingomar to go back to and other wells to be drilled.

They have got more than enough Helium to occupy the plant through ramp up. That is priority. They going back to it once got contracts.

A lot depends where, what and how "snapped off" for times

Production from 3 Wells is good, shame about Inez but got that to add on in near future. Looks like a wait on hydrogen news as well. Not quite the broader operational update was expecting. However first producer in Montana now Bo has to use his contacts to get those contracts sharpish

Kread hooked an idiot to argue the toss with...job accomplished ffs zzzzzzzzzzzzzzz

@kread you are laughable.........over and out

@lordloadsoflolly while that may be true of the vast amount of AIM companies I would suggest it is different here. The main reason being the very low amount of shares in issue, aligned to the fact who holds them. The PI holders (bar few traders)are quite sticky and we know the II's and Bo's holdings.

I doubt the SP would have held up in many other companies on AIM.

As for "news" I would suggest that maybe folk were spoiled in the earlier days and still expect the same? But then again there is news and there is over the top excitement from Mr Minchin? As a company grows and develops so does things like how they communicate. I have no issues and it certainly appears like no leaks.

I am hopeful of news tomorrow, but won't be disappointed if it isn't there. I've given my reasons previously.

However, I will be looking at 7am, like I suspect many others will be, for a red dot. So GL to you and all holders, isn't this all part of the fun lol?

Whatever, I am sure there is a very valid reason for no RNs last week, blame them dam accountants lol

A mummy squealing rat

SpaceX, led by Elon Musk, is a major consumer of helium, utilizing significant quantities (roughly $12 million worth per launch) to pressurize propellant tanks for Falcon 9 rockets, with consumption rising due to increased launch frequencies.

Helium shortages and high demand for rocket fuel cooling have made it a critical, scarce resource for the company.

Helium Usage: SpaceX uses helium to cool liquid oxygen and hydrogen for rocket fuel.

High Demand: A single launch consumes a massive amount of helium, and with 52+ launches planned, SpaceX is a major industry buyer.

Supply Issues: Rising helium prices and tightening supply, largely due to decreased output from Russia, have impacted the market.

Future Resources: Elon Musk's long-term lunar colonization goals potentially involve harvesting Helium-3 from the moon, which is more abundant there than on Earth.

NASA's long-awaited mission to the moon has been delayed.

The Artemis II mission will send four astronauts on a 10-day fly around the far side of the Moon and back to Earth again.

After a successful dress rehearsal - or wet rehearsal- on Thursday, the team were looking at 6 March as the earliest launch date.

But now problems during routine checks will prevent lift off for a while.

Workers detected a problem with the flow of helium, which is needed for the massive Artemis II rocket to launch.

The problems were detected overnight on Friday.

Helium is used to cool rocket systems and to pressurise fuel tanks, so disruption to the gas is treated as a serious technical issue.

Wish we could exclude boring deramping monologue goobly gook as well by folk that want to appear clever when they're not.......just saying zzzzzz

@1436 if one waffles enough, obfuscates, throw in some BS and hope some one swallows it, then job done...........seriously get a life, nobody cares!!!!

Somebody desperate to reach their 29,000 posts of utter drivel quickly............seriously get a real life, nobody cares jubbed one! when are you going to get it sigh...................

"In case it helps Ben..." eh, No lol sent him to sleep

Spantrout, your words! " either it's a dud ( should be released)"

"The fact the have flow tested Inez already on the first zone is irrelevan" quite frankly no it's not!

"I'm not wailing." sounds like you are.

" I'm sure the nomad can find a way to delay things" not how NOMADS work, legal requirements and all......the company can be "bit clever" but NOAMD clears all to be released. All they got to say is we releasing all info in one RNS and waiting on accountants to sign off. End of...........

Your last sentence is one I have heard thousands of times on AIM............

Have a good weekend, too much good sport on to argue, we will see Monday.........as I said I suspect it is the Financials in yearly report caused slight delay which is very common when relying on third parties. It will all come good imho GL

@kread now know you are a deramper and not invested with the usual passive aggressive "who little old me" approach and not going to do this all day as too much sport on lol But..........

As I said it is documented that there have been "interested parties" up to 2 years ago. These wouldn't go away, just observing what was going on. Now there are more figures and proof. They will also have a data room set up under NDA's for companies to look at. Would think process already under way and to say a year is nothing more than a belly laugh and classic troll loooooooooooooool

Funding for what exactly? Galactica is self funding and likely some left over for normal running expenses while they find a farm in partner for....................you guessed it! Funding lol!!!